Credits and Payments
The "Credits & Payments" section of a USAC invoice shows a summary of the credits and payments that were applied to the current month's invoice.
Some common credits are:
- Late Payment Fee Credit – a reversal of interest previously charged
- Late Filing Fee Credit – a reversal of a late filing fee previously charged
- Support Mechanism Credit – any credit to a prior contribution obligation which occurs by either form revision or through the true up process
- Disbursement Credit – the application of a company's disbursement support to that company's contribution obligation (debt that becomes delinquent may be subject to the provisions of the Red Light Rule)
Example of Credits and Payments
Also on this page of your USAC invoice, you will find a "DCIA TRANSFER" section which identifies any delinquent debt that has been transferred to the Treasury. For more information, visit the Late Payments, DCIA, and Red Light web page.
If applicable, these details will appear on page five of the USAC invoice:
Pursuant to the provisions of the Debt Collection Act of 1982 (Public Law 97-365) and the Debt Collection Improvement Act of 1996 (Public Law 104-134), as amended (the DCIA), as set forth below, continued failure to make the demanded payment has resulted in assessing administrative charges, penalties, and interest, and it may result in sanctions, including, but not limited to, administrative proceedings or judicial action to recover the outstanding debt.
As set forth at 31 U.S.C. Section 3717, 31 C.F.R. Section 901.1, and 47 C.F.R. Section 1.1940, interest, penalties and administrative charges of collection accrue from the due date
USAC now informs you that due to your failure to make payment that USAC has transferred ($973.67) to Treasury for debt collection. Treasury will impose additional charges (currently 28% of the delinquent debt).
stated on the invoice and demand for payment (Date of Delinquency). You were notified on the invoice of the basis for the debt owed to the United States, your opportunity to request inspection or review of your account, the date by which payment had to be received to avoid late charges (e.g., interest, penalties, and charges of collection), and any enforced collection action if the debt remained delinquent. Our following Notices of Demand for Payment repeated the notice of the consequences of failing to make payment of the delinquent amount including our intent to transfer the delinquent debt, plus all accrued late charges to the Secretary of the Treasury (Treasury) for debt collection.
For more information on how USAC has applied your payment and credits to your account, see the "Payments and Credits Applied" section of your USAC invoice, usually found on page four.